ED attaches fresh ₹510 crore assets, including 2 aircraft, of Anil Ambani's Reliance Group

ED attaches fresh ₹510 crore assets, including 2 aircraft, of Anil Ambani's Reliance Group

The attached properties include two chartered aircraft, six land parcels and office premises in Maharashtra

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Anil Ambani's Reliance Group faces fresh ED action, ₹510 crore assets attachedAnil Ambani's Reliance Group faces fresh ED action, ₹510 crore assets attached
Business Today Desk
  • Nov 3, 2026,
  • Updated Nov 3, 2026 8:06 PM IST

The Enforcement Directorate (ED) on Tuesday said it had attached additional assets worth ₹510 crore belonging to entities linked to the Anil Ambani-led Reliance Group in connection with multiple alleged bank fraud cases. 

The latest action takes the total value of assets attached or seized in these investigations to approximately ₹23,100 crore.

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According to the agency's statement, the fresh attachments cover aircraft, bank balances, fixed deposits, immovable properties, receivables and investments linked to Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Reliance Communication Limited.

Read More: CBI registers FIR against Reliance Capital & Anil Ambani over ₹2,684-crore LIC loss

The ED said assets worth ₹263.05 crore were attached in the Reliance Home Finance and Reliance Commercial Finance bank fraud case, while another ₹247.12 crore was attached in the Reliance Communication bank fraud case.

In the Reliance Communication case, the attached properties include two chartered aircraft, six land parcels and office premises in Maharashtra.

In the RCFL and RHFL cases, the ED attached two windmills in Tamil Nadu, along with bank balances, fixed deposits, investments and receivables.

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The agency said the investigations were initiated on the basis of multiple FIRs registered by the CBI in Delhi and the Economic Offences Wings (EOW) in Delhi and Mumbai.

The cases involve Reliance Communication, Reliance Home Finance, Reliance Commercial Finance, Reliance Infrastructure, Reliance Power and Reliance Capital.

In Case You Missed It: CBI books Anil Ambani, Reliance Capital in ₹1,816 crore EPFO case. Here's what happened

The ED alleged that its investigation had uncovered the diversion of public funds obtained from banks and financial institutions.

"ED investigation into the Reliance Anil Ambani Group revealed that Group was involved in siphoning off of public funds from banks and financial institutions, misuse of IBC Law to fraudulently ring-fence corporate assets for personal use, diversion of public funds from India to offshore tax havens, etc," the agency said in its statement.

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It further alleged that a large portion of the funds was used for the personal benefit of the promoters and their families.

The ED said it had arrested 10 individuals in the cases and filed six prosecution complaints under the Prevention of Money Laundering Act (PMLA), 2002.

Another complaint has been filed under the Foreign Exchange Management Act (FEMA).

The Enforcement Directorate (ED) on Tuesday said it had attached additional assets worth ₹510 crore belonging to entities linked to the Anil Ambani-led Reliance Group in connection with multiple alleged bank fraud cases. 

The latest action takes the total value of assets attached or seized in these investigations to approximately ₹23,100 crore.

Advertisement

According to the agency's statement, the fresh attachments cover aircraft, bank balances, fixed deposits, immovable properties, receivables and investments linked to Reliance Home Finance Limited (RHFL), Reliance Commercial Finance Limited (RCFL) and Reliance Communication Limited.

Read More: CBI registers FIR against Reliance Capital & Anil Ambani over ₹2,684-crore LIC loss

The ED said assets worth ₹263.05 crore were attached in the Reliance Home Finance and Reliance Commercial Finance bank fraud case, while another ₹247.12 crore was attached in the Reliance Communication bank fraud case.

In the Reliance Communication case, the attached properties include two chartered aircraft, six land parcels and office premises in Maharashtra.

In the RCFL and RHFL cases, the ED attached two windmills in Tamil Nadu, along with bank balances, fixed deposits, investments and receivables.

Advertisement

The agency said the investigations were initiated on the basis of multiple FIRs registered by the CBI in Delhi and the Economic Offences Wings (EOW) in Delhi and Mumbai.

The cases involve Reliance Communication, Reliance Home Finance, Reliance Commercial Finance, Reliance Infrastructure, Reliance Power and Reliance Capital.

In Case You Missed It: CBI books Anil Ambani, Reliance Capital in ₹1,816 crore EPFO case. Here's what happened

The ED alleged that its investigation had uncovered the diversion of public funds obtained from banks and financial institutions.

"ED investigation into the Reliance Anil Ambani Group revealed that Group was involved in siphoning off of public funds from banks and financial institutions, misuse of IBC Law to fraudulently ring-fence corporate assets for personal use, diversion of public funds from India to offshore tax havens, etc," the agency said in its statement.

Advertisement

It further alleged that a large portion of the funds was used for the personal benefit of the promoters and their families.

The ED said it had arrested 10 individuals in the cases and filed six prosecution complaints under the Prevention of Money Laundering Act (PMLA), 2002.

Another complaint has been filed under the Foreign Exchange Management Act (FEMA).

Read more!
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